403 S Wc Riles Street, Flagstaff, AZ 86001 (MLS# 205951)

Supplements: Set on a spacious corner lot, the property offers two distinct income-producing residences: a primary 3-bedroom, 2.5-bath home with a single-car garage, inviting front porch, private backyard access, and flexible space for owner occupancy or premium rental use; plus a separate 1-bedroom, 1-bath loft-style unit featuring open-concept living and a fa ... (Read more) Set on a spacious corner lot, the property offers two distinct income-producing residences: a primary 3-bedroom, 2.5-bath home with a single-car garage, inviting front porch, private backyard access, and flexible space for owner occupancy or premium rental use; plus a separate 1-bedroom, 1-bath loft-style unit featuring open-concept living and a farmhouse-inspired kitchen. The recently completed remodel elevates the property's appeal for modern long-term tenants, university-adjacent renters, visiting professionals, and short-term guests. A spacious backyard with a spa creates an inviting outdoor amenity for relaxing, entertaining, and enhancing the guest experience--an especially valuable feature for Flagstaff's four-season vacation-rental market. Currently operating as a highly rated Airbnb, the property offers buyers a proven hospitality-oriented setup and the flexibility to continue short-term rentals, pursue a house-hack strategy, lease both units long term, or implement a hybrid rental plan aligned with their investment goals. Properties that combine a renovated two-unit layout, outdoor space, a spa, garage parking, and proximity to both NAU and downtown are increasingly difficult to find in Flagstaff's high-demand Southside market. Short-term-rental performance, occupancy, revenue, and licensing should be independently verified by buyers.